Lignin Market Is Expected to Reach Us$ 985.5 Mn in 2023.Pdf

Transparency Market

Research

Lignin Market - Global Industry Analysis, Size, Share, Growth,

Trends and Forecast 2015 - 2023

Published Date

12-June-2015

129 Page Report

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Lignin Market is Expected to Reach US$ 985.5 Mn in 2023:TMR

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Lignin Market

REPORT DESCRIPTION

Lignin (Lignosulfonates, Kraft lignin and Others) Market for

Concrete Additive, Animal Feed, Dye Stuff, and Other Applications Global Industry Analysis, Size, Share, Growth, Trends and Forecast

2015 - 2023

Transparency Market Research has published a new report titled “Lignin Market - Global Industry

Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2023.” According to the report,

the global lignin market was valued at US$ 782.3 Mn in 2014 and is anticipated to reach US$ 985.5

Mn by 2023, expanding at a CAGR of 2.7% from 2015 to 2023. The global lignin market demand by

volume stood at 1115.4 Kilo Tons in 2014.

Increase in niche application of lignin in various fields such as building and construction,

agrochemicals, and paints and coatings is contributing to the growth of the global lignin market.

Functional properties offered by lignin is the major factor leading to high demand for lignin in the

market. Usage of lignin as a dispersant, binder, and emulsifying agent has attracted the attention of

major manufacturers in various end-user industries. Additionally, industrial expansion in developing

economies such as Asia Pacific is propelling demand for lignin across the globe. These factors are

likely to drive demand for lignin for applications such as concrete additive, animal feed, and dye stuff.

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Based on functional properties, the application of lignin is...